Cryptocurrency

Grok

Dogecoin

Avalanche

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 <p class="paragraph">As optimism returns to the cryptocurrency sector, Dogecoin (DOGE) is recovering as well, with the famous dog-themed meme crypto recording not just increases in price but also a staggering growth in terms of the number of new addressed added to the network.</p>
 <p class="paragraph">Indeed, the Dogecoin network has recorded an increase of 1,100% over the past week, with January 29 witnessing a record-breaking addition of 247,240 new DOGE <a rel="noopener noreferrer nofollow" title="addresses" href="https://thebittimes.com/tag/addresses.html">addresses</a>, marking an all-time high (ATH), as noted by crypto trading expert Ali Martinez in an X post on January 30.</p>
 <p class="paragraph">According to Martinez, a “sustained uptrend in network expansion could soon reflect positively on DOGE prices,” which means the 10th-largest asset in the crypto market could finally break the coveted $0.1 price mark, as it is currently trading around the $0.08 price range.</p>
 <figure class="wp-block-image"><img decoding="async" width="900" height="378" src="https://cdn.thebittimes.com/images/2024/01/30/c64ce9e05c67e1a0ff28c3e85835b0f8.webp" alt class="wp-image-152100" srcset="https://cdn.thebittimes.com/images/2024/01/30/c64ce9e05c67e1a0ff28c3e85835b0f8.webp 900w, https://cdn.thebittimes.com/images/2024/01/30/c64ce9e05c67e1a0ff28c3e85835b0f8.webp 300w, https://cdn.thebittimes.com/images/2024/01/30/c64ce9e05c67e1a0ff28c3e85835b0f8.webp 768w" sizes="(max-width: 900px) 100vw, 900px">
  <figcaption class="wp-element-caption"><em>Dogecoin addresses. Source: Ali Martinez</em>
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 <p class="paragraph">Meanwhile, Dogecoin has managed to make a couple of people rich during 2023, increasing the number of <a rel="noopener noreferrer nofollow" title="addresses" href="https://thebittimes.com/tag/addresses.html">addresses</a> holding over $1 million worth of DOGE to 718 at the end of the year, with 107 of them possessing more than $10 million worth of the asset, as Finbold reported in December.</p>
 <h2 class="wp-block-heading" id="h-dogecoin-price-analysis">Dogecoin price analysis</h2>
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       <h3 class="font-bold leading-6 " id="google-bard-identifies-when-dogecoin-doge-will-likely-hit-1">Google Bard identifies when Dogecoin (DOGE) will likely hit $1</h3>
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 <p class="paragraph">As things stand, the current price of DOGE is $0.081, recording an increase of 0.93% in the last 24 hours and gaining 5.55% across the previous seven days, as it moves to offset the decline of 10.43% on its monthly chart, according to the most recent data retrieved on January 30.</p>
 <figure class="wp-block-image aligncenter"><img decoding="async" width="1200" height="800" src="https://cdn.thebittimes.com/images/2024/01/30/eb54e9e19edc932242a5d3de12a89920.webp" alt class="wp-image-152101" srcset="https://cdn.thebittimes.com/images/2024/01/30/eb54e9e19edc932242a5d3de12a89920.webp 1200w, https://cdn.thebittimes.com/images/2024/01/30/eb54e9e19edc932242a5d3de12a89920.webp 300w, https://cdn.thebittimes.com/images/2024/01/30/eb54e9e19edc932242a5d3de12a89920.webp 1024w, https://cdn.thebittimes.com/images/2024/01/30/eb54e9e19edc932242a5d3de12a89920.webp 768w" sizes="(max-width: 1200px) 100vw, 1200px">
  <figcaption class="wp-element-caption"><em>Dogecoin 7-day price chart. Source: </em><em>Finbold</em>
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 <p class="paragraph">All things considered, the recent impressive growth of its network could help Dogecoin surpass the critical price level of $0.1 and possibly even overtake Avalanche (AVAX) as the ninth-largest crypto by market capitalization, provided it manages to sustain growth.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.&nbsp;</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-targets-0-1-as-addresses-grow-1-100-in-a-week-tbt78210.html">https://thebittimes.com/dogecoin-targets-0-1-as-addresses-grow-1-100-in-a-week-tbt78210.html</a></p>

Dogecoin targets $0.1 as addresses grow 1,100% in a week

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